Otis Declares Quarterly Dividend of $0.42 per Share

Rhea-AI Summary

Otis (NYSE: OTIS) declared a quarterly dividend of $0.42 per share, payable on December 5, 2025 to shareholders of record at the close of business on November 14, 2025. The board approved the distribution as part of its regular cash-return policy.

Otis described its global operations, noting maintenance of approximately 2.4 million customer units and moving 2.4 billion people daily. The release includes a cautionary statement that past dividends do not assure future dividends and lists risks that could affect future payments.

Positive

• Quarterly dividend of $0.42 per share declared
• Dividend payable Dec 5, 2025 to recordholders on Nov 14, 2025
• Continues company practice of returning cash to shareholders

Negative

• Company warns past dividends provide no assurance of future payments
• Caution lists indebtedness and economic conditions as risks to dividends

FARMINGTON, Conn., Oct. 30, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock. The dividend will be payable on December 5, 2025, to shareholders of record at the close of business on November 14, 2025.

About Otis

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.4 billion people a day and maintain approximately 2.4 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 44,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, YouTube, Instagram and Facebook @OtisElevatorCo.

Cautionary Statement

This release includes statements related to anticipated earnings, cash flow and dividends that constitute "forward-looking statements" under the securities laws. All forward-looking statements involve risks, uncertainties and assumptions that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Past dividends provide no assurance as to future dividends. The payment and amount of future dividends could vary significantly from past amounts due to a number of risks and uncertainties. Risks and uncertainties include: (1) the effect of economic conditions in the industries and markets in which Otis and its businesses operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, future availability of credit and factors that may affect such availability or costs (including tighter credit conditions), levels of end market demand in construction, pandemic health issues, natural disasters and the financial condition of Otis' customers and suppliers; (2) risks associated with indebtedness; (3) challenges in the development and production of new products and services; and (4) the effect of changes in laws and regulations, political conditions and geopolitical conflicts in countries in which we operate and other factors beyond our control. The above list of factors is not exhaustive or necessarily in order of importance. For additional information on identifying factors that may cause actual results to vary from those stated in forward-looking statements, see the reports of Otis on Forms 10-K, 10-Q and 8-K filed with or furnished to the SEC from time to time. Any forward-looking statement speaks only as of the date on which it is made, and Otis assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

Media Contact:	Investor Relations Contact:
Katy Padgett	Rob Quartaro
+1-860-674-3047	+1-860-676-6011
kathleen.padgett@otis.com	investorrelations@otis.com

View original content:https://www.prnewswire.com/news-releases/otis-declares-quarterly-dividend-of-0-42-per-share-302600333.html

SOURCE Otis Worldwide Corporation

FAQ

What dividend did Otis (OTIS) declare on October 30, 2025?

Otis declared a quarterly dividend of $0.42 per share on October 30, 2025.

When is the Otis (OTIS) dividend payable and what is the record date?

The dividend is payable on December 5, 2025 to shareholders of record at the close of business on November 14, 2025.

How does the Otis dividend affect shareholders of record for OTIS?

Registered shareholders as of Nov 14, 2025 will receive the $0.42 per share payment on Dec 5, 2025.

Does Otis (OTIS) guarantee future dividends after the Oct 30, 2025 declaration?

No; the company states past dividends provide no assurance as to future dividends.

Where can investors find more information about Otis (OTIS) dividend announcements?

Investors can view company releases and SEC filings for details on dividend declarations and risk factors.

What risks did Otis (OTIS) cite that could affect future dividend payments?

Otis cited risks including economic conditions, indebtedness, product development challenges, and geopolitical factors.